I am not here to persuade anyone, but I want to share my thinking and tell you the next cryptocurrencies to invest in right now!
Please don’t ignore Bitcoin
Making an investment in bitcoin is undoubtedly the best long-term cryptocurrency investment to make in 2019. Bitcoin price is more reasonable now, and there are very few bitcoin left to be bought. Bitcoin will still the most secure cryptocurrency to invest now, and the whole crypto market moves in its parallel.
Litecoin, the open-source and decentralized fork of Bitcoin, created by Charlie Lee is my second most favourite crypto. It was created to complement Bitcoin as silver to Bitcoin’s gold, and so far it has made success in that by being in top 10 cryptocurrencies since 2012.
- Binance Coin
The Binance coin (BNB) is the native cryptocurrency of Binance exchange which was launched in August 2017 with the launch of its exchange to facilitate trading fee waivers to Binance exchange users.
Right now Binance is expanding its reach rapidly and is about to launch its own Binance Chain as well as Binance DEX where this BNB coin will find more utility.
One thing to note about Ethereum is that the world is building on it and it has the most prominent developer’s pool in the world. And it happens to be a pioneer in the realm of decentralized applications and smart contracts which is a massive factor in itself.
Now Ethereum prices have taken a rock bottom, and it is looking quite attractive for a long-term portfolio.
How To Buy This Cryptocurrencies
To buy this cryptocurrencies, there are several ways you can buy it, either you buy from someone you already know who has this cryptocurrencies to sell or you buy from an online coin exchangers. There are three world class online exchangers we would love to recommend for you for a safer transaction, they are:
Coinbase is a global digital currency asset and exchange company that provides a platform to buy and sell all kinds of digital currencies worldwide. Coinbase as well sends all necessary information about your transactions to block chain network so that it can be verified.
Coinbase also serves as a wallet where all your digital currencies can be safely stored. In their platform, they exchange different types of cryptocurrencies such as Ethereum, Litecoin, Bitcoin, Binance coin and also other fiat currencies in over 70 countries.
Coinbase has over 30 million customer base and has facilitated the exchange of digital currencies worth over 50 billion dollars since its establishment in 2012. So if you are interested in buying this cryptocurrencies or trading in digital currencies in today’s digital world, then we recommend you sign up with Coinbase.
When buying and selling cryptocurrencies, Coinbase expects you to link your bank account or debit or credit card (whichever you prefer) to your account with Coinbase to be able to buy cryptocurrencies. To use a bank account in Coinbase enables you to have higher limit which is $100 per transaction and $2, 500 per week, but the disadvantage is that it takes long to verify such transactions, so you will definitely see your money between two to four days in your Coinbase wallet depending on your bank. But for those who want to sell digital currencies, once you have confirmed the sales, it will also take between two to four days for your proceeds to reflect in your bank.
For those with debit or credit cards on their Coinbase wallet, a lower limit of $200 per week is given, though you can still buy cryptocurrencies by transferring money from your bank to the Coinbase web portal and your bitcoin will show up in your Coinbase wallet instantly.
Binance is a cryptocurrency trading platform which offers the most competitive crypto rate in the world. Binance accepts users all over the world and they have received lots of positive reviews from cryptocurrency traders. Recently, they have partnered with top Israel based Payment Company called Simplex to enable credit card buying of cryptocurrencies at a premium.
Binance was founded by Changpeng Zhao and launched on July 2017. Their operation consist of crypto to crypto exchange which means that they don’t facilitate fiat currencies. Their partnership with Simplex will allow them to run brokerage services that will enables you to buy up to 6 different cryptos with your credit card and a service fee of 3.5% will be charged by them.
Binance only accepts crypto deposit in their platform, meaning that you can transfer this cryptocurrencies from Coinbase to Binance. Note that all the coins that are supported by Binance can be deposited and withdrawn at any time. The platform enables you to buy the below cryptos with your credit card:
- Ripple (XRP)
- Ethereum (ETH)
- bitcoin (BTC)
- Binance coin (BNB)
- Bitcoin cash (BCH)
- Litecoin (LTC)
Kucoin is known as one of the best and fastest growing crypto exchange in the world. Also known as the people’s exchange, it is very simple and easy to use for first time investors, and for advanced users who love cryptocurrencies. They have whole lot of altcoin on their platform and are also adding more on a regular bases. Kucoin’s objective is to offer low fee for both withdrawing and trading. Zero deposit fee and their trading fees are only 0.1 percent on whatever you purchase making it very affordable to use their platform.
To ensure you get good trading experience, whether you are buying or selling this cryptocurrencies, we recommend you register with the above mentioned exchange (Coinbase, Binance and Kucoin) for safer transactions.
Why You Should Buy This Cryptocurrencies Now
Please note that history will be unkind for those who aren’t willing to adapt and embrace cryptocurrencies and blockchain in general. However, don’t mean this only in the investment realm but overall in a holistic way.
Now that you have the opportunity to invest in cryptocurrency technology, why not do so? So many of us couldn’t participate in the internet boom of the 90s, so why not now? We all have the opportunity knocking at our doors.